Income property priced at $199,000, generating $1,850/month in rent ($22,200 gross annually) under a lease through November 2027. That is an 11.2% gross yield and a 6.1% cap rate after HOA dues ($521/month) and current property taxes ($3,869). The unit also suits an owner-occupant buyer. This 1-bed, 2-full-bath lakefront condo… Read More offers approx. 805 SF ($247/SF) with a direct water view, in Windmill Lakes, which has a community pool and tennis courts. Daily needs are within a mile: Publix at Pembroke Commons, Broward Meat & Fish, and dining along Pines Blvd including Baoshi Food Hall, Chipotle and Piacere Wood Fired Pizza. Sedano’s, a second Publix and Pembroke Pines City Center are within 2 miles. Rental demand is supported by nearby employment and education: Memorial Hospital Pembroke, Broward College South Campus and the Pembroke Commons/Crossroads Square retail corridor are all within about 2 miles. The location, just south of Pines Blvd, has access to I-75 and Florida’s Turnpike. Read Less
Courtesy of The Keyes Company - Miramar 954-852-7890
Listing Snapshot
Days Online
5
Last Updated
Property Type
Condominium
Beds
1
Full Baths
2
Square Ft.
805
Year Built
1989
MLS Number
A12117103
Additional Details
Appliances & Equipment
Dishwasher, Dryer, Electric Range, Refrigerator, Washer
Building
Built in 1989, Living area: 805.0, 3 stories, Entry level: 2, Construction Materials: Block, CBS
Cooling
Central Air
Exterior Features
Barbecue, Tennis Court(s)
Floors
Ceramic Tile, Tile
Heating
Central
Home Owner's Association
Association Fee: $521, Fee Frequency: Monthly, Fee Includes: Recreation Facility, Pool Service, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Roof Repairs, Sewer, Trash, Water, Amenities: Pool, Parking, Picnic Area, Tennis Court(s)
Parking
1 open parking spaces
Pets Policy
Allowed: Yes
Property
Lake, Water
Security Features
Security Fence
Taxes
Parcel Number: 514116AB0330, Annual Amount: $3,869, Legal Description: WINDMILL LAKES II CONDO UNIT 8-201 PER CDO BK/PG: 33423/1792, Year: 2025
Water Features
Lake
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